Chevron Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing unusual options activity in Chevron (NYSE:CVX), with a significant number of bullish and bearish trades. The options activity suggests a potential price range of $135.0 to $180.0 for CVX. Analysts have mixed ratings, with target prices ranging from $166 to $205.
June 06, 2024 | 6:46 pm
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Unusual options activity in Chevron (NYSE:CVX) indicates significant interest from large investors, with a mix of bullish and bearish trades. Analysts have mixed ratings with target prices ranging from $166 to $205.
The unusual options activity, with a significant number of both bullish and bearish trades, indicates that large investors are expecting significant price movements in Chevron. The mixed analyst ratings and target prices suggest a range of potential outcomes, but the overall interest points to a likely increase in volatility and potential upward movement in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100